by admin | Aug 23, 2014 | Latest News/Blog
By Tom Schoenberg, Dawn Kopecki, Hugh Son and Dakin Campbell JPMorgan Chase & Co.’s record $13 billion deal to end U.S. probes of its mortgage-bond sales would free the nation’s largest bank from mounting civil disputes with the government while leaving a...
by admin | Aug 22, 2014 | Latest News/Blog
By By Jing Cao and Pui-Wing Tam Zillow Inc. (Z) agreed to purchase Trulia Inc. (TRLA) for $3.5 billion in an all-stock deal that is designed to make the combined entity the largest in online real estate advertising. Trulia shareholders will receive 0.444 shares of...
by admin | Aug 21, 2014 | Latest News/Blog
By Tory Barringer Bank of America has agreed to a multibillion settlement with the Federal Housing Finance Agency (FHFA) to resolve allegations of securities fraud related to loans sold to Fannie Mae and Freddie Mac at the height of the housing bubble. The...
by admin | Nov 26, 2013 | Latest News/Blog
Bank of America and Fannie Mae reached a $10.3 billion agreement Monday to resolve repurchase claims on loans originated from 2000 through 2008. The agreement also requires BofA to pay the GSE $1.3 billion in compensatory fee obligations. BofA simultaneously announced...
by admin | Nov 26, 2013 | Latest News/Blog
Assistant US Attorney General Lanny Breuer speaks during a news conference to announce money laundering charges against HSBC on December 11, 2012 in New York City. NEW YORK (CNNMoney) Federal officials expressed pride when they announced their $1.9 billion...
